Economic Stimulus Package: An Overview

AUTHOR(S)

English, Marlanda

PUB. DATE

March 2016

SOURCE

Points of View: Economic Stimulus Package;3/1/2016, p1

SOURCE TYPE

Book

DOC. TYPE

Article

ABSTRACT

The article presents an overview of the U.S. economic stimulus package of 2009. Legislation passed by the U.S. government in response to the global financial crisis of 2008-2009 is described. Vocabulary such as "Economic Stimulus Act of 2008," "American Recovery and Reinvestment Act of 2009 (ARRA)," and "Fiscal Policy" are defined. A history of economic stimulus in the U.S. is presented, focusing on the package passed by the administration of U.S. president Barack Obama.